Business · Markets · 1 hr ago

BNY’s LaRusse Says Bond Market Could See Relief Rally

BNY’s LaRusse Says Bond Market Could See Relief Rally

April LaRusse, co-head of global client portfolio management at BNY Investments, discussed the bond market on “The Asia Trade.”

She said it is too early to confidently say that US Treasury yields have peaked.

Market pricing currently points to roughly three rate hikes.

LaRusse said that expectation looks excessive to her.

She sees room for a bond market relief rally if the Middle East conflict eases or labor market data weakens.

Those developments could change market expectations, but she did not say that a rally is certain.

The outlook for yields and rate hikes remains uncertain.

What people are saying

it is too early to confidently call a peak in Treasury yields
April LaRusseBNY Investments co-head of global client portfolio managementvia Bloomberg

Sources

Related news